The interim CEO of Sun-Times Media Group has sent his 1,800 employees a memo telling them that even if September 29, Tuesday, isn’t a a formal deadline, it’s still pretty damned important. Jeremy Halbreich had been saying that Tuesday was the day by which all the STMG unions had to sign off on terms demanded […]
In the difficult passage of the Sun-Times Media Group from its present owners to a group of investors led by financier James Tyree, Thursday was a particularly awkward day. First interim CEO Jeremy Halbreich issued a statement insisting on the inflexibility of a September 29 deadline for the STMG unions to approve the new working […]
Jeremy Halbreich, interim ceo of the Sun-Times Media Group, picked a bad day to explain the facts of life to his employees.
September 24, 2009 To: All Sun-Times Media Group employees From: Jeremy L. Halbreich Subject: Questions and answers related to recent events (entire memo follows)
Could less star power and more depth save the Sun-Times?
This is a terrible time to leave town — when the fate of the Sun-Times, the paper where I once worked and think of as close to an alma mater, hangs in the balance (along with the fate of the entire Sun-Times Media Group). I hope this blog continues to serve as the forum it’s […]
Newspaper Guild members from the Sun-Times met Tuesday night and by virtually a 4 to 1 margin rejected a package of concessions they’d been told they’d have to make it they wanted the sale of the Sun-Times Media Group to go through. Here’s the motion that was voted on: The membership of the Sun-Times Unit […]
The Newspaper Guild membership of the Sun-Times meets at 6 PM Tuesday and may vote to accept reject the harsh terms presented by the management of the Sun-Times Media Group as the price that must be paid if the company is to continue to exist.
Like Hutus and Tutsis, Serbs and Croatians, union and nonunion workers can’t be told apart at a glance. But they know who they are and the divide can seem vast — as we see from the hot, angry exchange on this blog over the concessions the next owners of the bankrupt Sun-Times Media Group expect […]
The packet laying out the concessions the Sun-Times Media Group wants from its unionized employees was received at the Chicago Newspaper Guild and other union headquarters Thursday evening, and read with mounting fury.
Thursday brought troubling news to the unionized employees of the Sun-Times Media Group. The morning Tribune reported:
James Tyree wouldn’t name the other investors in the group he’s put together to buy the Sun-Times Media Group — no surprise there, the deal isn’t done yet, and he says they’ll all be known once it is — so I asked him what they all have in common. “We’re all Chicagoans,” he said.
Interim CEO Jeremy Halbreich memoed the nonunion employees of the Sun-Times Media Groupo Wednesday telling them the tentative sale of the company’s assets will require them to make a financial sacrifice, and laying out what that sacrifice will be. .
For $5 million, financier James Tyree and the investor group he represents has taken a huge first step toward buying a local media empire — and $22 million of debt.
Jeremy Halbreich, chairman and interim CEO of the Sun-Times Media Group called me Wednesday evening to confirm something I’d heard — that heads of the media group various unions will meet Thursday afternoon with Ted Rilea, vice president for labor relations.